yes I would think 10c would be a good start with a plant refurbishment
---then add in the income -- 1mtpa lease which we will find out soon enough (pure est another 2-3c for the 3yrs of lease,,,upside here if it goes longer).
..... EAR ore toll deal next year adding another 400kpa Q2 2017 ...(hard to know at these stage going from scoping study least 3-4c on this first stage ....huge upside on EAR exploration upside adding another toll deal)
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.MKO.exploration upside ... >> 4-5mt 2g/t av ....10c+
So basically my mid term target (if AUD Gold holds current value)round 30c .....
Gold continues higher 2k AUD etc then 40-50c would come into play esp if BZW reaches full capacity
MKO Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held